PNB HOUSING FINANCE LIMITED

Why Choose Fixed Deposits?

Fixed deposits are one of the safest investment options. When choosing a PNB Housing fixed deposit account, you get many advantages:

High safety assurance

PNB Housing’s fixed deposits have been given the FAA+/Negative rating by CRISIL and AA/Stable by CARE which indicates high level of safety.

Higher interest rate for senior citizens

PNB Housing offers a 0.25% higher fd interest rates for senior citizens.

Nomination

Nomination facility is available on all PNB Housing fixed deposits as per guidelines provided by the National Housing Bank. In the case of a depositor’s unfortunate demise, the repayment of the deposit and payment of any interest would be made to the nominee; without reference to either heirs or legal representatives of the deceased.

Auto renewal/Auto Maturity Process

Auto renewal of fixed deposit alongside easy process of maturity withdrawal is available for the customer.

Dedicated Service Managers and Widespread Network

With over 100 branches across 35 cities in India, PNB housing wide spread network is easy to reach out to. We have dedicated customer service managers who will help out in resolving all the customer queries.

Premature Withdrawal

You have the option of premature withdrawal from your fixed deposit account anytime after three months from the date of deposit. An interest at 4% per annum will be paid to individuals who make a premature withdrawal within six months from the date of deposit. For premature withdrawals made after six months, an interest rate 1% lower than applicable on public fixed deposit for the period for which the deposit has run is offered.

TDS deduction

No TDS is deducted at source on interest earned on fixed deposits up to₹ 5,000 in a given financial year.

TDS deduction

No TDS is deducted at source on interest earned on fixed deposits up to₹ 5,000 in a given financial year.

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